Forest Lake, Illinois

US Census Bureau ACS 5-Year Estimates ยท 2022

IL

Forest Lake Demographics Overview

Total Population
1,344
ACS 2022 estimate
Median Household Income
$112,031
Annual household income
โ–ฒ 50% vs US avg
Median Home Value
$312,500
Owner-occupied homes
โ–ฒ 11% vs US avg
Median Gross Rent
N/A
Monthly rent (incl. utilities)
Median Age
51.7 years
Median age of residents
โ–ฒ 33% vs US avg

Income & Economy

Median Household Income
$112,031
US avg: $74,580
vs. National Median+50.2%

Housing

Median Home Value
$312,500
US avg: $281,900
Median Gross Rent
N/A/mo
US avg: $1,163/mo
Rent vs. National AvgN/A

Population

Total Population1,344
Median Age
51.7 years
US avg: 38.9 yrs

Data Source

Data for Forest Lake comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Forest Lake, IL โ€” Frequently Asked Questions

Common questions about Forest Lake demographics

What is the population of Forest Lake, Illinois?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Forest Lake, Illinois is 1,344.

What is the median household income in Forest Lake?

The median household income in Forest Lake, Illinois is $112,031 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Forest Lake?

Key cost indicators for Forest Lake, Illinois:. Median home value: $312,500. Median household income: $112,031/year

What is the median home value in Forest Lake?

The median home value in Forest Lake, Illinois is $312,500, compared to the national median of approximately $281,900.

What is the average age in Forest Lake?

The median age in Forest Lake, Illinois is 51.7 years, compared to the US national median age of approximately 38.9 years.

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Forest Lake, IL Demographics - Population, Income & Housing (2022)